2 Sentences With "going into Chapter 11"

How to use going into Chapter 11 in a sentence? Find typical usage patterns (collocations)/phrases/context for "going into Chapter 11" and check conjugation/comparative form for "going into Chapter 11". Mastering all the usages of "going into Chapter 11" from sentence examples published by news publications.

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Going into Chapter 11 would give Purdue the exclusive right for several months to propose a reorganization plan, which if approved by a U.S. bankruptcy judge could be forced on any local governments who decide to hold out. from CNBC
If this proves impossible the administrator must work to maximise the recovery of the creditors as a whole. Only then may the administrator attempt to realise property in favour of one or more secured creditors. A firm is usually in administration for no more than 12 months, after which an extension from the court can be produced at the courts discretion. Administration is analogous to going into "Chapter 11" in the United States, although there are certain key differences, mainly stemming from the fact that English law does not include the debtor in possession concept.